Mortgage Cadence, LLC, a Denver-based provider of enterprise lending solutions, loss mitigation technology, and document services for the financial services industry, has announced that Monitor Clipper Partners, a Cambridge, Massachusetts-headquartered, independent private equity firm, has invested in the company.

This alliance will provide capital to expand Mortgage Cadence’s product and service offerings. The company says it expects the venture to enable continued growth and service to a wide range of market participants.

“Thanks to our understanding of the evolving needs of a market in flux, Mortgage Cadence has grown rapidly over the last few years and is well-positioned to maintain this trajectory,” said Michael Detwiler, Mortgage Cadence CEO. “Adding Monitor Clipper Partners to the team helps

solidify Mortgage Cadence’s position as the industry’s premier technology provider. Monitor Clipper’s capital and expertise will enable us to continue to distance ourselves from the competition in our current markets and position ourselves for success in future target markets.”

Founded in 1999, Mortgage Cadence assists companies with their goals by increasing loan volume, minimizing corporate risk and compliance issues, managing documents, and streamlining operational processes. Mortgage Cadence cites its ability to efficiently automate analysis, task completion, oversight, and compliance while enforcing internal processes and staying on top of technological demand as important indicators of its success.

Adam Doctoroff, partner at Monitor Clipper Partners, said Mortgage Cadence’s proven track record was a key in the firm’s decision to invest.

“Mortgage Cadence represented a rare opportunity to invest in the leading provider of powerful enterprise technology solutions for financial institutions operating in the mortgage and mortgage services markets,” Doctoroff stated. “With its history of product innovation, deep industry expertise, and reputation for service excellence, Mortgage Cadence is well positioned to execute on numerous significant development opportunities including further penetration of their existing solutions, creating new solutions in related areas and acquiring attractive industry players.”